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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (6095)8/20/1998 4:57:00 PM
From: Ms. X  Respond to of 34811
 
Excellent pullback here Judy. Just broke a triple top. This pullback gives you a good stop at 83 for a quick trade or 80, break of near term support for a long.
I might be with you on this one.

Jan



To: Judy who wrote (6095)8/20/1998 11:43:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
INTC:
Speaking of nice pullbacks...
INTC pulled back nicely today after breaking a triple top
This sets up a close stop for trades.

Top
92 | X
91 | X O
90 ------+-X O -
89 | X O
88 X X X O
87 X O X O X O
86 X O X O X O <--Today's action
85 X --X O X O X ---
84 X O X 8 X O
83 X O X O X <--Trade stop or use 80.
82 X O X O
81 X O
80 X ----------------<--Long term hedge stop.
79 X